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What is the network effect?


Crypto’s value increases with more users, creating a positive feedback loop due to the network effect

NFT Sales Surge Over 43% in Past Week, Topping $397 Million


Sales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and roughly 1.62 million transactions. NFT Sales...

Skyrocketing Retro Game Price 'Manipulation' Controversy Goes To Court


The market frenzy leading to record-breaking prices for retro games appears to have slowed since last year, but frustration over the collectible grading firm at the center of the spike hasn’t. Earlier this week a number of Wata Games customers filed a class action lawsuit attempting to put an...

These 3 NFT Projects Collectively Captured Over $10 Billion in Sales


Non-fungible token (NFT) assets have taken the world by storm in 2021 and three current projects in the NFT universe have seen sales stretch into the billions. Statistics show that the NFT marketplace Opensea, the blockchain NFT game Axie Infinity, and the digital collectible series Cryptopunks...

Opensea NFT Marketplace Claims Employee Profited From Insider Information


On September 15, the top non-fungible token (NFT) marketplace, Opensea, revealed that an Opensea executive profited from insider trading. “Yesterday we learned that one of our employees purchased items that they knew were set to display on our front page before they appeared there...

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